Advance interest charges


This query is : Resolved 

Quick Summary
This discussion explains how to record interest charges on salary advances within Tally accounting software. It provides specific journal entry examples for debiting the advance and crediting the bank/cash account, as well as for the interest charges themselves. A link to Tally's journal entry guide is also included for further assistance.

(Querist)
07 August 2023 How to tally entry, salary advance interest charges

RAJA P M (Expert)
07 August 2023 Dr. Salary Advance - Rs XXXXX To, Bank/Cash A/c - Rs. XXXXX

RAJA P M (Expert)
07 August 2023 Dr. Interest Charges A/c - XXXXX To, Bank A/c - XXXXX

20 August 2023 This may be useful https://tallysolutions.com/tally/journal-entries-in-tally-erp-9/#gref


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
ARTICLESHIP 14 November 2026
Article Assistant

Jitendra Agarwal & Associates

Bengaluru

CA Inter

View Details
Company
10 November 2026
Direct Tax Manager

CAAQ CONSULTANCY PVT LTD

New Delhi

CA Final

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 14 November 2026
Articleship Assistant

B Thejas and Associates

Bengaluru

CA Foundation

View Details